Sonaselection India IPO
Bookbuilding IPO | ₹142.00 Cr | Listing at BSE, NSE
IPO Open
Thu, Sep 17, 2026
IPO Close
Mon, Sep 21, 2026
Price Band
₹94.00 to ₹99.00
Market Cap (Pre-IPO)
₹562.60 Cr
IPO Details
| IPO Date | Sep 17, 2026 to Sep 21, 2026 |
| Listing Date | Tentative: Sep 24, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹94.00 to ₹99.00 |
| Lot Size | 150 Shares (Minimum: ₹14,850.00) |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Issue Size | ₹142.00 Crores |
| Total Shares Offered | 14,300,000 shares |
| Fresh Issue | 14,300,000 shares |
| Offer For Sale | 14,300,000 shares |
Sonaselection India IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Issue |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Issue Size |
Sonaselection India IPO Lot Size
Investors can bid for a minimum of 150 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹14,850 |
| Retail (Max) | 13 | 1,950 | ₹193,050 |
| S-HNI (Min) | 14 | 2,100 | ₹207,900 |
| S-HNI (Max) | 67 | 10,050 | ₹994,950 |
| B-HNI (Min) | 68 | 10,200 | ₹1,009,800 |
Sonaselection India Financial Information (Restated Consolidated)
Sonaselection India Ltd.'s revenue increased by 64% and profit after tax (PAT) rose by 83% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 474.99 | 374.77 | 203.50 |
| Total Income | 517.60 | 316.47 | 121.31 |
| Profit After Tax | 34.02 | 18.56 | 13.10 |
| EBITDA | 84.77 | 58.12 | 28.49 |
| NET Worth | 104.16 | 70.07 | 38.88 |
| Reserves and Surplus | 61.63 | 47.10 | 35.78 |
| Total Borrowing | 258.24 | 207.40 | 144.60 |
Amount in ₹ Cr
Key Performance Indicators
As of Tuesday, March 31, 2026| KPI | Values |
|---|---|
| ROE (Return on Equity) | 39.05% |
| ROCE (Return on Capital Employed) | 19.69% |
| Debt/Equity | 2.48 |
| RoNW (Return on Net Worth) | 39.05% |
| PAT Margin (Profit After Tax Margin) | 6.58% |
| EBITDA Margin | 16.40% |
| Price to Book Value | 4.00 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 8.00 | 5.99 |
| P/E (x) | 12.38 | 16.53 |
Company Overview
Sonaselection India Company Overview
- The company was incorporated in February 2022 and is an integrated fabric manufacturing and processing company engaged in the production of value-added textile products.
- Its product portfolio includes 100% cotton fabric, cotton lycra (stretch) fabric, cotton blends, and polyester blends.
- The company also undertakes processing of 100% cotton, cotton blends, polyester-viscose (P/V), and polyester fabrics.
- The company transitioned from a job-work based processing model to a manufacturing-led model after acquiring an established textile processing unit in 2022 and subsequently commissioning a cotton fabric processing plant in July 2024.
- Its manufacturing facility is located in Bhilwara, Rajasthan, spread across approximately 49,540 sq. metres, with an installed processing capacity of 82.44 million metres per annum.
- The facility is equipped with modern textile processing machinery and undertakes key processes including bleaching, dyeing, and finishing.
- The company follows an integrated operating model combining its own manufacturing operations with job-work processing, enabling it to manage processing activities, quality control, grading, packing, and outbound logistics.
- Its products cater to varied apparel and textile applications, while the company also processes greige fabric supplied by customers on a job-work basis.
- Through its diversified product portfolio, modern manufacturing infrastructure, and quality-focused processes, the company aims to provide consistent quality, cost-efficient solutions, and timely deliveries to its customers.
- As of July 31, 2026, the company had 979 employees across production, plant maintenance, dispatch and supply chain, quality assurance, safety and security, accounts and finance, sales and marketing, and other support functions.
Company Strengths
- Healthy track record and steady growth.
- Strong customer relationships and high customer retention.
- Strategically located manufacturing facility with modern technology.
- Experienced Promoters supported by a professional management team.
- Integrated business model combining manufacturing and job-work activities.
Use of Proceeds
| 1) | Repayment and/or pre-payment, in full or part, of certain borrowings | 80.00 |
| 2) | Funding of capital expenditure towards purchase of plant and machineries at the existing Manufacturing Facility situated at 18th K M Stone, Chittorgarh Road, Hamirgarh, Bhilwara- 311025 Rajasthan, India | 50.61 |
| 3) | General Corporate Purposes | |
| Total | 130.61 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Sonaselection India IPO Peer Comparison
Sonaselection India peer comparison with similar listed entities. (As on March 31, 2026)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Sonaselection India Ltd. | 8.09 | 8.09 | 24.78 | - | 39.05 | - | Consolidated |
| Vishal Fabrics Limited | 1.52 | 1.52 | 26.12 | 12.23 | 6.33 | - | Consolidated |
| Sangam (india) Limited | 16.44 | 16.44 | 211.85 | 37.29 | 8.02 | - | Consolidated |
| Nitin Spinners Limited | 31.58 | 31.58 | 31.58 | 18.22 | 12.77 | - | Consolidated |
Quick Info
| Sector | Textiles - Fabrics |
| Exchange | BSE, NSE |
| Market Cap (Pre-IPO) | ₹562.60 Cr |
Important Dates
| IPO Open | Sep 17, 2026 |
| IPO Close | Sep 21, 2026 |
| Allotment Date | Sep 22, 2026 |
| Credit to Demat | Sep 23, 2026 |
| Listing Date | Tentative: Sep 24, 2026 |
Lead Manager(s)
Choice Capital Advisors Pvt.Ltd.
Registrar
Description
IPO Type: Book build issue aggregating to ₹141.57 crores.
Issue Structure: The issue is entirely a fresh issue of 1.43 crore shares aggregating to ₹141.57 crores.
IPO Dates: The issue opens for subscription on September 17, 2026 and closes on September 21, 2026.
Allotment Date: The allotment is expected to be finalized on September 22, 2026.
Listing Details: The shares are proposed to be listed on NSE and BSE on September 24, 2026.
Retail Investment Requirement: Minimum 1 lot (150 shares) amounting to approximately ₹14,850 at the upper price band.
Issue Price Band: ₹94 to ₹99 per equity share.
Lot Size: 150 shares per lot.
This IPO offers investors an opportunity to participate in the company through an entirely fresh issue of shares.